Tanzania’s economy rises by 7.2 % in Q2

PUBLISHED: Mon, 28 Oct 2019 16:38:29 GMT


NAIROBI (Reuters) – Tanzania’s economy grew by 7.2 percent year-on-year in the second quarter of 2019, up from 6.1 percent in the same period a year ago, buoyed by growth in construction, mining and communications sectors, official data showed on Sunday.

In the first quarter of 2019, the East African nation’s GDP grew by 6.6 percent, according to the state-run National Bureau of Statistics.

Reporting by Fumbuka Ng’wanakilala; Editing by Maggie Fick

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.